As Puerto Rico's Storm Grows, Muni Market Is Smooth Sailing

By
Brian Chappatta
  • Funds rake in cash, defaults slow, market rallies amid crisis
  • Atlantic City is also on the brink of a historic bond default

Puerto Rico Risks Danger of Further Bond Defaults

You’d never know from looking at the $3.7 trillion municipal market that the largest restructuring in its history is unfolding in Puerto Rico.

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